Majority of Holders Definition Example with 11 Variations

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Majority of Holders. Holders holding over 50% of the aggregate principal amount of Notes outstanding; provided that, for the purpose of this definition, a holder of shares of Common Stock which constitute Transfer Restricted Securities and issued upon conversion of the Notes shall be deemed to hold an aggregate principal amount of Notes (in addition to the principal amount of Notes held by such holder) equal to the quotient of (x) the number of such shares of Common Stock held by such holder and (y) the conversion... rate in effect at the time of such conversion as determined in accordance with the Indenture. View More
Found in Barnes Group Inc. contract

Variations

Majority of Holders. Holders holding over 50% of the aggregate principal amount of Notes Debentures outstanding; provided that, for the purpose of this definition, a holder of shares of Common Stock which constitute Transfer Restricted Securities and issued upon conversion of the Notes Debentures shall be deemed to hold an aggregate principal amount of Notes Debentures (in addition to the principal amount of Notes Debentures held by such holder) equal to the quotient product of (x) the number of such shares of... Common Stock held by such holder and (y) the conversion rate in effect at the time of such conversion as determined in accordance with the Indenture. View More
Found in MENTOR GRAPHICS CORP contract
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